Richardson Electronics
RELL
33 hedge funds and large institutions have $73M invested in Richardson Electronics in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 35 → 33 (-2)
11% less capital invested
Capital invested by funds: $82.1M → $73M (-$9.08M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$850K |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$429K |
| 3 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
+$180K |
| 4 |
Renaissance Technologies
New York
|
+$113K |
| 5 |
Bank of New York Mellon
New York
|
+$25.9K |
Top Sellers
| 1 |
RC
RGM Capital
Naples,
Florida
|
-$1.46M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$203K |
| 3 |
Millennium Management
New York
|
-$175K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$76K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$49.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
26
Menta Capital
San Francisco,
California
| $91K | -$48.8K | -5,687 | -33% |
|
|
BGIM
27
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| $59K | – | – | – |
|
|
NFA
28
Nationwide Fund Advisors
Columbus,
Ohio
| $22K | – | – | – |
|
|
BIM
29
BlackRock Investment Management
Wilmington,
Delaware
| $15K | -$695 | -81 | -4% |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $14K | -$19.4K | -2,262 | -55% |
|
|
TSW
31
Thompson Siegel & Walmsley
Richmond,
Virginia
| $7K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $4K | -$4.98K | -580 | -57% |
|
33
Citigroup
New York
| $1K | -$27.3K | -3,185 | -98% |
|
|
34
Millennium Management
New York
| – | -$175K | -19,500 | Closed |
|
|
35
Invesco
Atlanta,
Georgia
| – | -$76K | -8,485 | Closed |
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -280 | Closed |
|
37
UBS Group
Zurich,
Switzerland
| – | -$2K | -185 | Closed |
|
RELL Hedge Fund Activity: Q2 2015 in Review
33 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Richardson Electronics (RELL) for Q2 2015, worth a combined $73M — down 11% from $82.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RELL and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Ancora Advisors, opening a new position worth an estimated $850K. The largest seller was RGM Capital, cutting an estimated $1.46M.
- 33 institutional investors held Richardson Electronics (RELL) as of Q2 2015, down from 35 in Q1 2015.
- Funds reported $73M of Richardson Electronics stock for Q2 2015, down 11% quarter-over-quarter.
- 2 funds opened new Richardson Electronics positions in Q2 2015 and 4 closed out, a net change of -2 holders.
- The largest Richardson Electronics buyer in Q2 2015 was Ancora Advisors, an estimated $850K added.
- The largest Richardson Electronics seller in Q2 2015 was RGM Capital, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2015.